Powerball sells $2.26 billion worth of tickets in 2 months

The jackpot for the Powerball lottery has reached an astounding $1.5 billion – if claimed as a lump sum, the value of the prize is an estimated $930 million. Feeling lucky? Here are 13 things to know about Powerball. “They are buying their sodas, they are buying their magazines, they are buying their candy etc. So it’s a win fall not just for public education here in Texas, but also for our economy”.

“The person who goes to the store to buy the lottery tickets, that the person only buys the lottery tickets for the office pool”, Garcia said. “That’s an offer that has never been made before no one has ever had a chance at before”, said Jeff Holyfield from the Michigan Lottery.

The odds of winning are roughly 292 million to 1.

Valuepenguin looked at Powerball ticket purchases in the 44 participating states since November 4, the last time someone bought a ticket good for the top prize.

But what’s the plan if no one wins Wednesday’s mega-billion jackpot?

The jackpot estimate is reviewed daily, so it could increase before Wednesday night’s drawing if ticket sales continue to exceed expectations.

Lynn, another Calgarian, had been thinking about driving to the border until she heard about buying tickets online.

Whoever wins will have to pay 39.6 percent of the prize in federal income taxes, plus any state taxes.

On Tuesday, Washington lottery officials tried to ease those concerns, issuing a statement promising to help any Canadian winners collect their money.

Next, Gregory says the victor should tell their immediately family, but ask that they keep it under wraps. Like the Australian Powerball, ticket holders choose five numbers between 1 and 69 as well as an all-important “powerball” number between 1 and 26.

“You should get a new cellphone”.

Customs ultimately said they would not enforce the seizure of his tickets, however, and he has received them back. “We just want to make sure everyone remembers to set limits and also spend money that you have set aside for entertainment purposes and, of course, have fun”.